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Keyword: 19thcenturymedia

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  • Knight Ridder, Tribune hurt by declines

    07/14/2005 9:13:47 AM PDT · by Steven W. · 9 replies · 457+ views
    CNBC ^ | 7/14/05 | Reuters
    Publisher Knight Ridder Inc. on Thursday said quarterly earnings fell 14 percent due to circulation declines, while rival Tribune Co. relied on cost cutting to help it post higher profits. Circulation declines at both media companies underscored the problems the industry has faced in subscription drives since do-not-call lists began blocking telemarketers. At the same time, more readers are getting their news from new media such as the Internet rather than traditional newspapers.